Article: “The government is discussing the dollar exchange rate and plans to convert 4 ministries to self-financing”. They will by default increase oil revenues once they return the price of the USD. Especially the French oil deal with “Total, who had signed off on a 40% cut of that revenue with the four projects in development. 1:1 will definitely move numbers for everyone involved in Iraq’s private sector. We are entering the final phase. You can tell they have been sitting on this information and couldn’t wait to share.
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